Gold (XAU/USD) rebounded on Thursday after a brief dip below the $4,800 level, trading around $4,870, up nearly 0.80%. The precious metal's recovery came as traders processed a series of significant US economic data releases. These reports have fueled market speculation about potential shifts in the Federal Reserve's policy outlook, with mixed signals surrounding the US economy’s resilience.
Despite the rebound, gold remains within striking distance of its all-time high, supported by continued geopolitical tensions and the global economic uncertainty. The market's focus on the USD's performance against other currencies, such as the EUR, alongside concerns over inflationary pressures, has kept demand for safe-haven assets like gold elevated. Investors are keenly watching upcoming data that could further influence trading sentiment.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2026-01-22 16:35
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.